SEOUL, Oct. 9 (Korea Bizwire) – South Korea ranked second after Vietnam in per capita consumption of “ramyeon,” or instant noodles, in 2024, a global industry association said Thursday. South Korea’s overall ramyeon consumption reached 4.1 billion units last year, ranking eighth worldwide, while its per person consumption stood at 79.2 in the country of [...]
SEOUL, Oct. 8 (Korea Bizwire) — Food prices in South Korea have risen more than 20 percent over the past five years, far outpacing overall inflation and placing a growing strain on household budgets. According to data released Wednesday by the National Data Office, the consumer price index for “food and non-alcoholic beverages” in September [...]
SEOUL, Oct. 7 (Korea Bizwire) — South Korea’s leading food delivery platform Baedal Minjok (Baemin) is seeing surging demand for its “One Bowl” service, which targets the country’s rapidly expanding population of single-person households. According to the company, cumulative orders for the service — launched in April — exceeded 10 million by the first week [...]
SEOUL, Oct. 7 (Korea Bizwire) — What began as a side business rooted in Korean culinary tradition has become a full-fledged export strategy for the nation’s top hotels. As premium kimchi gains traction among global consumers, luxury hotel brands are ramping up production and shipping abroad. According to the hospitality industry on Tuesday, Walkerhill Hotel [...]
JEJU, Oct. 1 (Korea Bizwire) — Jeju Province’s pilot program encouraging food delivery in reusable containers has surpassed 2,000 orders in less than two months, signaling strong public support for the island’s ambitious campaign to curb single-use plastics. Launched on Aug. 13 in Jeju City’s Yeon-dong and Nohyeong-dong districts, the “Yonggi-inneun Jumun” (“Courageous Order”) service allows [...]
SEOUL, Oct. 1 (Korea Bizwire) — McDonald’s Korea said Tuesday that sales of its regionally inspired menu items, launched under the “Taste of Korea” initiative, have topped 30 million units. The project, introduced to highlight premium domestic ingredients, aims to deliver fresh, distinctive flavors to customers while securing stable sales channels for local farms. Over [...]
SEOUL, Sept. 24 (Korea Bizwire) — Samyang Foods Inc. said Wednesday cumulative sales of its popular Buldak spicy ramyeon series have surpassed 8 billion units in the first half of 2025 on rising global demand. Sales of the Buldak brand have surged in recent years, reaching 5 billion units in 2023, 7 billion in 2024 [...]
SEOUL, Sept. 19 (Korea Bizwire) — South Korean civic groups have accused two leading food delivery platforms of unfair and misleading practices tied to their popular “one-person meal” promotions, filing complaints with the Fair Trade Commission (FTC). On Thursday, People’s Solidarity for Participatory Democracy, Lawyers for a Democratic Society (Minbyun), and the Korea Consumer Federation [...]
SEOUL, Sept. 16 (Korea Bizwire) — Nongshim Co., South Korea’s leading instant noodle maker, said Tuesday it will release a second batch of its popular Shin Ramyun product featuring characters from the global hit animated movie “KPop Demon Hunters” this week. The limited special product, part of a collaboration launched last month, comes in packs [...]
SEOUL, Sept. 16 (Korea Bizwire) — South Korea is facing intensifying “agflation,” as surging agricultural prices add new pressure to household costs and expose deep structural weaknesses in the nation’s farming and distribution systems. Consumer prices for agricultural, livestock and fisheries products jumped 4.8 percent in August from a year earlier, the sharpest increase in [...]